CENTURY 21 Edge
$2,100,000$2,495,0003 bd2.5 ba2,580 sqft$814 /sqft$14,389 /mo all-in ↓

545 SANCTUARY DRIVE UNIT B305, LONGBOAT KEY, FL, 34228

Active185 days on marketListed Feb 4, 2026MLS #A4681142

Reduced $395KWaterfrontFully furnishedCondominiumSANCTUARY III

About this home

545 SANCTUARY DRIVE UNIT B305

The Sanctuary behind the gates of the Longboat Key Club located on the beachfront is one of the most desirable addresses on Longboat Key, Florida. New to the market, this full on, direct Gulf view residence B305 in Building III at 545 Sanctuary Drive offers about 3,000 square feet with three bedrooms & 2 ½ bathrooms providing spacious and elegant beach front living. From the handsome double door entry, the gleaming marble floor dining area invites you into this luxurious condominium home. Then, you will be treated to a sparkling like diamonds daytime Gulf water views or in the evening, breathtaking sunsets in shades of purple & orange. These magnificent direct Gulf views can be enjoyed from the attractively furnished living room and the serene primary bedroom & of course from the 21-foot-long covered Gulf side terrace. This unique Carlyle floorplan also features a second, east facing private terrace which can be accessed through the guest bedroom as well as from the handsome kitchen as you enjoy morning sunrises with a cup of coffee. This beach retreat is in impeccable condition with high quality furnishings plus electric storm shutters on all sliding doors. This unit also has one under building garage space #150 plus a climate controlled storage cage. Decorated in neutral tones, this home offers coastal elegant style throughout. The cozy eat in kitchen has custom built light wood cabinetry, high end finishes, cream colored granite counter tops, tile backsplash & double ovens. The gracious, large primary bedroom suite is a tranquil retreat with Gulf water views, a large walk-in closet & a spa like En Suite bathroom with double sinks, a soaking tub & a walk-in shower. The Sanctuary offers an exclusive resort lifestyle. The beautiful beach front measures 1200 feet of pristine white sand. The resort style, heated Olympic sized swimming pool includes a 25 meter lap lane plus there is a separate outdoor whirlpool & fire pit area. Amenities include two lighted Har-Tru tennis courts & a state of the art fitness center with saunas located in the newly redecorated clubhouse which offers a fully equipped kitchen & entertainment room. On site management, 24 hour security & 18 acres of meticulously maintained grounds & beach enhance the sense of exclusivity & security.

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

2,580

Sqft

0 ac

Lot size

1

Garage

1991

Year built

One

Levels

$814

Per sqft

WaterfrontPark/Greenbelt & Pool & Water viewFurnishedPets allowed

Inside

FlooringCarpet · Ceramic Tile · Marble
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Crown Molding · Eating Space In Kitchen · Elevator · Living Room/Dining Room Combo · Solid Wood Cabinets · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryLaundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedFurnished

Outside & construction

RoofConcrete
ConstructionConcrete
FoundationStem Wall
ViewPark/Greenbelt · Pool · Water
FacesEast
ParkingCovered · Deeded · Garage Door Opener · Guest · Under Building
ExteriorBalcony · Garden · Hurricane Shutters · Irrigation System · Lighting · Outdoor Grill · Outdoor Shower · Private Mailbox · Sliding Doors · Sprinkler Metered · Storage · Tennis Court(s)

Community & fees

Taxes (2025)$25,314/yr
PetsYes
CommunityGulf/Ocean Front · Water Access · Waterfront · Association Recreation - Owned · Buyer Approval Required · Clubhouse · Deed Restrictions · Fitness Center · Gated Community - Guard · Pool · Special Community Restrictions · Tennis Court(s)

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Electricity Connected · Public · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$14,389 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$11,332
PMI (est., until 20% equity)$788
Property tax — 2025 actual bill$2,110
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $210,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $210,000
Interest rate6.00%
Loan term

Estimated payment

$14,389/mo

Principal & interest$11,332
PMI (est., until 20% equity)$788
Property taxes (actual bill)$2,110
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $2.1M
$1.8MedgeAI estimate $2,142,608 · range $1.9M$2.7M$2.8M

vs edgeAI estimate

−2%

$/sqft vs Longboat Key actives

$814 vs $682

Days on market

185 vs 94 typical

Where $814/sqft sits among the 251 Longboat Key actives

115
63 · this home
36
12
10
15
$354–643$643–933$933–1223$1223–1512$1512–1802$1802+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Longboat Key

Map of 545 SANCTUARY DRIVE UNIT B305

Drive times from this address

Downtown Tampa74 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Longboat Key. See the full Longboat Key guide →

LONGBOAT KEY 34228 — neighborhood snapshot

Population

7,512

Median age

71.5

Median income

$143,365

Median home value

$959,200

Avg household

1.8

Households w/ children

51%

For the school run

Sarasota County School District

HighBooker High School★★★★★
ElementarySouthside Elementary School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Longboat Key market

Seller’s marketBalanced5.7 months of inventoryBuyer’s market

$820K$1.4M

Longboat Key median sold, yr/yr

93.1%

Sale-to-list ratio (12 mo)

104 of 251

Longboat Key actives have cut their price

Median sold price, Longboat Key, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 234% above the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,100,000 $395K
Feb 4, 2026Listed at $2,495,000 · 185 days on market since
1991Built · SANCTUARY III

Reality check

What actually sold near 545 SANCTUARY DRIVE UNIT B305

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

545 SANCTUARY DRIVE UNIT B605Sold · Mar ’26

$2,350,000

545 SANCTUARY DRIVE UNIT B605 · same community

3 bd · 3 ba · 2,580 sqft · $911/sqft · 28 DOM

545 SANCTUARY DRIVE UNIT B806Sold · Jun ’26

$1,950,000

545 SANCTUARY DRIVE UNIT B806 · same community

3 bd · 2.5 ba · 2,375 sqft · $821/sqft · 304 DOM

545 SANCTUARY DRIVE UNIT B506Sold · Jul ’26

$1,725,000

545 SANCTUARY DRIVE UNIT B506 · same community

3 bd · 2.5 ba · 2,375 sqft · $726/sqft · 160 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Cindy Fernandez

Your agent

Cindy Fernandez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 545 SANCTUARY DRIVE UNIT B305 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 545 SANCTUARY DRIVE UNIT B305 — before you fall in love.

See it in person

Schedule a tour

Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

545 SANCTUARY DRIVE UNIT B305 FAQs

What would the monthly payment be for 545 SANCTUARY DRIVE UNIT B305?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $14,389/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 545 SANCTUARY DRIVE UNIT B305?+

The most recent tax bill on record (2025) was $25,314. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 545 SANCTUARY DRIVE UNIT B305?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Longboat Key?+

At $2,100,000, this home is listed about 121% above the Longboat Key median of $950,000. The market section on this page shows how the area is trending.

Which schools are assigned to 545 SANCTUARY DRIVE UNIT B305?+

Booker High School (high), Southside Elementary School (elementary), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$2,100,000 runs 234% above the LONGBOAT KEY 34228 median — but at 2,580 sqft it's also 72% larger than the typical Longboat Key listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Booker High School, Southside Elementary School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $2,495,000, now $2,100,000 — a $395K cut. The full history is in the market section below.

Listing courtesy of MICHAEL SAUNDERS & COMPANY · Maruta Miluns. MLS #A4681142.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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